Award

Financial Advisors to the Intercity Express Programme

DFTC - DEPARTMENT FOR TRANSPORT

This public procurement record has 1 release in its history.

Award

25 May 2023 at 12:48

Summary of the contracting process

The Department for Transport (DfTc) has awarded a contract for Financial Advisors to the Intercity Express Programme to PWC. The contract, valued at £90,000 GBP, was directly awarded from a framework and has a contract period starting on May 2, 2023, and ending on November 2, 2023. The procurement stage is at the award phase with key deadline dates of March 24, 2023, for the tender period and contract end date of November 2, 2023. The contract falls under the main procurement category of services and the buying organization is DfTc.

This lucrative tender for Financial Advisors presents an opportunity for businesses in the financial consultancy services industry to engage in growth. Companies specialising in financial advisory services would be well-suited to compete for this contract. The procurement method involved in this direct award from a framework ensures a smoother and more efficient contracting process for both the buying organisation and potential suppliers like PWC, who have successfully secured the contract. Businesses interested in expanding their services in consultancy within the public transport sector should consider exploring similar future opportunities offered by DfTc.

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Notice Title

Financial Advisors to the Intercity Express Programme

Notice Description

Contract Award Notice

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9dfdd697-367e-48d9-b39c-a639ccbd962f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ae3ac84e-317f-46fa-94ba-cf2d01494050
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award from Framework
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£90,000 Under £100K
Lots Value
Not specified
Awards Value
£90,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 May 20232 years ago
Submission Deadline
24 Mar 2023Expired
Future Notice Date
Not specified
Award Date
24 Apr 20232 years ago
Contract Period
1 May 2023 - 2 Nov 2023 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
DFTC - DEPARTMENT FOR TRANSPORT
Contact Name
Not specified
Contact Email
dftprocurement@dft.gov.uk
Contact Phone
0

Buyer Location

Locality
LONDON
Postcode
SW1P 4DR
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
Vincent Square
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PWC

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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